Roku has plans to create and launch a video subscription marketplace similar to Amazon Channels, sources say. The service would allow Roku users to sign up for and access subscription video services without having to download individual apps.
Disney is expected to add a cash offering to its all-stock bid for 21st Century Fox assets in an effort to beat Comcast's competing bid, sources say. The company's current bid is valued at around $55.5 billion, while Comcast has offered $65 billion in cash for the assets, which include Fox's movie studios, several cable networks and stakes in Hulu and Sky.
New York City's telecom office wants to bring Wi-Fi connectivity to underserved parts of all five boroughs and has issued a request for proposals for installation of wireless equipment on light and utility poles. Officials say the move is also aimed at bringing 5G services to the entire city.
Fox's board and Chairman Rupert Murdoch were prepared to sell 21st Century Fox assets to Disney until Comcast threw its hat in the ring to purchase the assets for $65 billion. The Fox board will be meeting this week to discuss the terms of the Comcast deal, while a meeting to vote to approve Disney's bid is still scheduled for July 10.
Comcast has announced that it will be launching its X1 for Hospitality service at the Four Seasons Hotel Philadelphia at Comcast Center this winter. Using the service, hotel guests will be able to enjoy hundreds of channels, thousands of on-demand titles, DVR and voice control navigation.
Showtime has announced that it will be launching its first weekly late-night talk show next year. The show will feature Desus Nice and The Kid Mero and will center on topics including pop culture, music, sports and politics.
Discovery has announced a new advertising offering that will put brands in front of the audiences of the network's most in-demand series. Discovery Premiere offers exclusive advertising across 30 of the network's most-watched programs.
The Federal Communications Commission's proposed requirements for universal service funding to support post-hurricane restoration and expansion efforts in Puerto Rico and the Virgin Islands would exclude satellite services due to an "arbitrary latency requirement of 100 mbps," writes EchoStar's Jennifer Manner. While the FCC now allows satellite service providers to compete in reverse auctions for universal service funds, the process has favored wireline providers, Manner writes.
The Federal Communications Commission has begun its review of T-Mobile's planned acquisition of Sprint. FCC Chairman Ajit Pai has promised to "thoroughly review" the proposed $26 billion deal to ensure it is in the public's best interest.
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